Total Rewards Offering competitive pay and benefits and promoting work-life balance further helps us to attract and retain an engaged and diverse workforce that enables the greatest possible returns on our investments in talent. Total Rewards Program GM provides a comprehensive Total Rewards program to support our employees and their families around the globe. We prioritize a holistic approach to well-being, which includes support for employees’ physical, emotional and financial wellness. Besides offering competitive wages, GM’s benefit packages, which vary by country, may include health insurance, access to employee assistance program(s), life insurance, short- and long-term disability benefits, profit sharing, retirement and savings plans, paid time off, tuition assistance, vehicle discounts for employees and their family members and various other benefits employees can voluntarily elect. Recognition Program Recognition is an important part of the GM culture, and our salaried recognition program provides an online platform where employees across the globe can recognize and be recognized for living our company values and behaviors and for their contributions. This program is leveraged by 99% of our salaried employees. In 2021, there were approximately 1 million recognitions sent, 1.75 million recognitions received and 1.2 million comments shared. Additionally, we are working with our union partners to find new ways to recognize and engage represented employees. United States Paid Family Leave/Disability Leave GM provides salaried employees up to 12 weeks of paid family leave per year to care for a family member with a serious health condition or to bond with a child added to their family through birth, adoption or foster care placement. In 2021, 1,919 employees took an average of 37 days of Paid Family Leave. This leave is provided in addition to the six to eight weeks of disability leave available to birth mothers. Employees are also eligible to apply for unpaid time off under GM’s Dependent Care Leave policy, which provides job protection for up to 12 months. GM provides short-term disability benefits for up to one year with wage replacement ranging from 60% to 100% of base pay. In 2021, 12,587 employees took short-term disability leave, 14% of the U.S. workforce. After short-term disability benefits cease, company-provided long-term disability benefits are available to employees. Long-term disability benefits are payable up to age 65, depending on seniority and employee type, and provide for wage replacement at a rate between 50% to 60% of base pay. Employee/Family Assistance The Family Care Assistance program provides salaried employees access to back-up child/elder care, a subscription to Sittercity.com to source care needs and elder care support, and a program to provide specialized assistance to support employees with children with developmental needs. Additionally, GM salaried employees are eligible to utilize a combined lifetime maximum benefit of up to $40,000 to reimburse for expenses associated with fertility treatments, adoption and/or surrogacy. Plus, personalized navigation assistance can be provided to find the best clinical care, adoption or donor-assisted reproduction support teams. Retirement, Savings and Profit Sharing Represented employees, based on their service date, are eligible either to accrue service in the GM Represented-Rate Employees’ Pension Plan or to receive a 6.4% GM Retirement Contribution and $1 per hour contribution, up to 40 hours per week (and up to 2,080 hours per year), to their GM Personal Savings Plan account (401(k)). The salaried workforce receives a 4% retirement contribution and the opportunity for a 4% matching contribution to their 401(k) account. Employees are also eligible for represented profit-sharing or salaried bonus payments tied to the company’s achieving specific targets. In 2021 ~ 1M recognitions sent 1.75M recognitions received 1.2M comments shared Skip Navigation Introduction Reducing Emissions Design for Environment Technology Customers Safety Diverse Workforce Human Rights Supply Chain Communities Governance 2021 SUSTAINABILITY REPORT 73
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